The global economy will expand by 6% this year, but disparities between nations are widening as advanced economies accelerate while developing countries fall behind, the IMF said Tuesday. While the forecast for global growth is unchanged from the previous estimate in April, the United States is projected to see faster 7% growth thanks to massive government spending and widespread Covid-19 vaccinations, while the IMF slashed the forecast for India, which is facing a resurgence of infections. “Vaccine access has emerged as the principal fault line along which the global recovery splits into two blocs,” the International Monetary Fund said in its updated World Economic Outlook, warning of the
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